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20121201
20121231
Search Results 0 to 4 of about 5 (some duplicates have been removed)
: thanks, jon. jenna: desperate rescue and recovery underway in the philippines. a historic typhoon hammering that country killing at least 370 people. another 400 are missing. this story is still very much developing right now. families are searching for lost loved ones and scanning walls of pictures showing the dead as well as the missing. david piper joining us live by phone from nearby bangkok, thailand. david? >> reporter: hi, jeanne that. -- jenna. rescue teams are racing against time to find survivors from this disaster in the southern philippines. the typhoon boha swept across mindanoa. nearly 400 people are dead as you said but nearly 400 are remain missing. in eastern mindanoao where 400 people died. many killed by flash floods hit emergency shelters. the government warned the area before the typhoon struck. there seemed to be few places to go and those that did proved to be death traps. tens of thousands of people were moved to shelters ahead of the typhoon but in one town the shelters themselves were swept away by the flash floods. the town was hardest hit, 90% of the bu
in prison. and at least 418 people in the philippines are dead in the wake of a powerful typhoon. hundreds more are missing and a quarter of a million people now homeless. survivors are in desperate need of water, food and shelter. the storm hit a southern island of the philippines where typhoons are not expected. and at least four people are dead and seven others missing after two ships collided off the coast of the netherlands. rescuers have called off the search for missing crew members. passing ships are being asked to be on the look out. officials say a container vessel collided with a car carrier in the north sea. the nationality of the crew is not yet known. and john travolta and olivia newton-john, they are back together again. yes, 34 years after "grease" the two are dropping an original single from their holiday album this christmas. it's called, i think you might like it. ♪ ♪ i can't help smiling >> i kind of like that. looks a little familiar there, doesn't it? just a bit. some of these moves look familiar. that's because the song was penned by the same person who wrote "yo
. the central bank in the philippines had a huge negative equity. the central bank can go on without necessarily having a positive equity. they have all sorts of tools they can theoretically use other than having to unwind their balance sheet. they can increase reserve ratio, the interest rates they pay on excess reserves, and so on. they have a lot of control. that makes me less worried about the fed's balance sheet. not that i approve of what they are doing recently. i think they can get out of it fairly easily. >> i would add the presence of this massive fed undertaking, in almost a desperate way, gets at the underlying problem. this is not a monetary policy issue. it is a fiscal policy issue. we have a lack of leadership. the threat of the tax policy expiring all tax policy, much of which has been in place to over a decade, has been a congressionally made thing. congress refuses to work on it until now. reich lot -- likewise, they have refused to tackle the spending part, both of which get us to our debt. you have this honor lack of anything happening -- utter lack of anything happening res
Search Results 0 to 4 of about 5 (some duplicates have been removed)